RBA Wealth Management LLC Increases Stake in Vanguard Total Bond Market ETF (NASDAQ:BND)

RBA Wealth Management LLC grew its holdings in Vanguard Total Bond Market ETF (NASDAQ:BND) by 28.5% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 19,530 shares of the company’s stock after buying an additional 4,329 shares during the quarter. RBA Wealth Management LLC’s holdings in Vanguard Total Bond Market ETF were worth $1,404,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Cornerstone Management Inc. increased its position in shares of Vanguard Total Bond Market ETF by 5.4% during the fourth quarter. Cornerstone Management Inc. now owns 4,139 shares of the company’s stock worth $298,000 after purchasing an additional 211 shares in the last quarter. Archer Investment Management LLC purchased a new stake in Vanguard Total Bond Market ETF during the 4th quarter worth about $407,000. Trust Point Inc. increased its holdings in shares of Vanguard Total Bond Market ETF by 12.8% in the 4th quarter. Trust Point Inc. now owns 27,648 shares of the company’s stock valued at $1,988,000 after acquiring an additional 3,128 shares during the last quarter. Vantage Point Financial LLC purchased a new position in shares of Vanguard Total Bond Market ETF in the 4th quarter valued at about $215,000. Finally, Holistic Planning LLC boosted its position in shares of Vanguard Total Bond Market ETF by 18.9% in the 4th quarter. Holistic Planning LLC now owns 13,231 shares of the company’s stock valued at $951,000 after purchasing an additional 2,102 shares during the period.

Vanguard Total Bond Market ETF Price Performance

BND opened at $72.17 on Tuesday. Vanguard Total Bond Market ETF has a 12 month low of $70.37 and a 12 month high of $75.67. The business has a 50 day simple moving average of $72.37 and a 200-day simple moving average of $73.37.

Vanguard Total Bond Market ETF Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Wednesday, February 5th. Stockholders of record on Monday, February 3rd will be issued a dividend of $0.2348 per share. This is a boost from Vanguard Total Bond Market ETF’s previous dividend of $0.23. The ex-dividend date is Monday, February 3rd.

Vanguard Total Bond Market ETF Company Profile

The Vanguard Total Bond Market ETF (BND) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a broad, market-value-weighted index of US dollar-denominated, investment-grade, taxable, fixed-income securities with maturities of at least one year. BND was launched on Apr 3, 2007 and is managed by Vanguard.